AFRM financial statements

The full income statement, balance sheet, and cash-flow statement for Affirm Holdings Inc. (AFRM), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-03 309.1M2024-06 311.1M2024-09 314.1M2024-12 318.1M2025-03 322.6M2025-06 325.7M2025-09 330.1M2025-12 333.1M2026-03 334.9M+8.3% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofJun 30 ’25	as ofJun 30 ’24	as ofJun 30 ’23	as ofJun 30 ’22	as ofJun 30 ’21
Revenue	3.22B YoY+38.8%	2.32B YoY+46.3%	1.59B YoY+17.7%	1.35B YoY+55.0%	870M YoY+70.8%
Selling, general & administrative	545M YoY+3.8%	525M YoY-10.4%	586M YoY+1.5%	577M YoY+50.5%	384M YoY+216.5%
General & administrative	545M YoY+3.8%	525M YoY-10.4%	586M YoY+1.5%	577M YoY+50.5%	384M YoY+216.5%
Selling & marketing	435M YoY-24.6%	576M YoY-9.7%	638M YoY+19.9%	532M YoY+192.2%	182M YoY+627.5%
Restructuring	—	6.77M YoY-81.1%	35.9M	0.00	0.00
Amortization of intangibles	1.30M YoY-93.8%	20.8M YoY-60.4%	52.5M YoY+123.4%	23.5M YoY+410.9%	4.60M
Operating income	-87.3M YoY+85.8%	-616M YoY+48.7%	-1.20B YoY-38.7%	-866M YoY-125.7%	-384M YoY-255.9%
Interest expense	425M YoY+23.6%	344M YoY+88.1%	183M YoY+162.6%	69.7M YoY+32.2%	52.7M YoY+63.1%
Interest & investment income	1.61B YoY+33.5%	1.20B YoY+75.8%	685M YoY+29.8%	528M YoY+61.7%	326M YoY+74.8%
Other non-operating income	149M YoY+48.3%	100M YoY-52.6%	212M YoY+49.9%	141M YoY+336.5%	-59.7M YoY-1247.1%
Pre-tax income	61.5M YoY+111.9%	-516M YoY+47.9%	-989M YoY-36.5%	-725M YoY-63.5%	-443M YoY-295.1%
Income tax	9.28M YoY+316.1%	2.23M YoY+157.2%	-3.90M YoY+77.6%	-17.4M YoY-643.2%	-2.34M YoY-723.1%
	52.2M YoY+110.1%	-518M YoY+47.5%	-985M YoY-39.3%	-707M YoY-60.4%	-441M YoY-291.7%
Preferred dividends	—	—	—	0.00	0.00 YoY-100.0%
Net income to common	—	—	—	-707M YoY-60.4%	-441M YoY-250.6%
	$0.15 YoY+109.0%	-$1.67 YoY+50.0%	-$3.34 YoY-33.1%	-$2.51 YoY+14.6%	-$2.94 YoY-11.8%
EPS (basic)	$0.16 YoY+109.6%	-$1.67 YoY+50.0%	-$3.34 YoY-33.1%	-$2.51 YoY+9.7%	-$2.78 YoY-5.7%
	323M YoY+4.2%	310M YoY+4.9%	295M YoY+4.8%	282M YoY+77.9%	158M YoY+230.9%
	341M YoY+10.1%	310M YoY+4.9%	295M YoY+4.8%	282M YoY+76.9%	159M YoY+232.8%
Balance Sheet	as ofJun 30 ’25	as ofJun 30 ’24	as ofJun 30 ’23	as ofJun 30 ’22	as ofJun 30 ’21
Cash & equivalents	1.35B YoY+33.7%	1.01B YoY+13.6%	892M YoY-28.9%	1.26B YoY-14.4%	1.47B YoY+449.2%
	11.2B YoY+17.2%	9.52B YoY+16.7%	8.16B YoY+16.9%	6.97B YoY+43.3%	4.87B YoY+247.1%
Property, plant & equipment	573M YoY+33.9%	428M YoY+47.4%	290M YoY+69.2%	171M YoY+174.4%	62.5M YoY+29.8%
Operating lease right-of-use	19.1M YoY-12.5%	21.9M YoY-27.5%	30.2M YoY-40.5%	50.7M YoY-12.4%	57.8M
Goodwill	534M YoY+0.1%	533M YoY-1.7%	543M YoY+0.6%	540M YoY+4.5%	517M YoY-58.8%
Intangible assets	12.9M YoY-4.2%	13.5M YoY-60.8%	34.4M YoY-56.4%	78.9M YoY+16.2%	67.9M YoY+2621.6%
	8.09B YoY+19.1%	6.79B YoY+20.7%	5.62B YoY+29.1%	4.36B YoY+90.1%	2.29B YoY+137.4%
Long-term debt	7.61B YoY+314.3%	1.84B	—	—	—
Operating lease liability (total)	31.9M YoY-19.1%	39.5M YoY-24.9%	52.6M YoY-20.0%	65.7M YoY-12.3%	75.0M
	3.07B YoY+12.3%	2.73B YoY+7.8%	2.53B YoY-3.2%	2.62B YoY+1.7%	2.58B YoY+801.6%
Additional paid-in capital	6.14B YoY+4.7%	5.86B YoY+14.0%	5.14B YoY+21.5%	4.23B YoY+22.0%	3.47B YoY+4213.9%
Retained earnings	-3.06B YoY+1.7%	-3.11B YoY-20.0%	-2.59B YoY-61.4%	-1.61B YoY-78.7%	-898M YoY-100.9%
Accumulated other comprehensive income	-15.1M YoY+30.1%	-21.6M YoY-39.8%	-15.4M YoY-115.7%	-7.15M YoY-205.6%	6.77M YoY+2342.7%
Total liabilities & equity	11.2B YoY+17.2%	9.52B YoY+16.7%	8.16B YoY+16.9%	6.97B YoY+43.3%	4.87B YoY+247.1%
Cash Flow	as ofJun 30 ’25	as ofJun 30 ’24	as ofJun 30 ’23	as ofJun 30 ’22	as ofJun 30 ’21
	794M YoY+76.4%	450M YoY+3595.4%	12.2M YoY+107.5%	-162M YoY+16.0%	-193M YoY-170.9%
Depreciation & amortization	225M YoY+33.1%	169M YoY+25.6%	135M YoY+155.4%	52.7M YoY+163.9%	20.0M YoY+111.6%
Intangible amortization	1.30M YoY-93.8%	20.8M YoY-60.4%	52.5M YoY+123.4%	23.5M YoY+410.9%	4.60M
Share-based compensation	321M YoY-6.7%	345M YoY-23.7%	452M YoY+15.5%	391M YoY+33.7%	293M YoY+887.4%
Deferred income taxes	7.11M YoY+1696.2%	396K YoY+107.8%	-5.07M YoY+71.5%	-17.8M YoY-825.1%	-1.92M YoY-367.9%
Change in receivables	85.0M YoY-49.4%	168M YoY+147.8%	67.7M YoY+8.0%	62.7M YoY+173.4%	22.9M YoY+20.4%
Change in payables	41.8M YoY+236.6%	12.4M YoY+346.5%	-5.04M YoY+79.6%	-24.7M YoY-176.6%	32.2M YoY+328.8%
	-1.08B YoY+18.3%	-1.33B YoY+19.8%	-1.65B YoY+17.8%	-2.01B YoY-96.8%	-1.02B YoY-303.8%
Capital expenditure	192M YoY+20.6%	159M YoY+31.9%	121M YoY+40.0%	86.3M YoY+326.1%	20.3M YoY-3.6%
Free cash flow	602M YoY+106.9%	291M YoY+367.8%	-109M YoY+56.3%	-248M YoY-16.5%	-213M YoY-131.1%
Acquisitions	0.00	0.00 YoY-100.0%	16.1M YoY+167.6%	6.00M YoY-97.3%	222M
Other investing activities	—	34.0M YoY+1017.6%	-3.71M YoY-117.3%	21.4M YoY-30.2%	30.7M
	751M YoY-17.7%	913M YoY-32.4%	1.35B YoY-33.7%	2.04B YoY-21.0%	2.58B YoY+774.6%
Long-term debt issued	920M	0.00	0.00	0.00	0.00
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	250M	0.00 YoY-100.0%	109K YoY+26.7%	86.0K YoY-89.3%	800K YoY-95.8%
Dividends paid	0.00	0.00	0.00	0.00	0.00
FX effect on cash	-1.25M YoY+53.6%	-2.68M YoY-3412.3%	81.0K YoY+101.5%	-5.41M YoY-394.6%	1.84M
Net change in cash	461M YoY+1200.3%	35.5M YoY+112.2%	-291M YoY-105.1%	-142M YoY-110.4%	1.36B YoY+4703.1%
Interest paid	404M YoY+27.1%	318M YoY+95.0%	163M YoY+216.7%	51.5M YoY+23.6%	41.7M YoY+48.4%
Income taxes paid	2.74M YoY+130.5%	1.19M YoY+46.9%	808K YoY+267.3%	220K YoY+0.5%	219K
Valuation Ratios	as ofJun 30 ’25	as ofJun 30 ’24	as ofJun 30 ’23	as ofJun 30 ’22	as ofJun 30 ’21
Market cap	27.6B YoY+192.5%	9.44B YoY+105.6%	4.59B YoY-11.7%	5.20B YoY-71.1%	18.0B
P/E	529.4×	—	—	—	—
P/S	8.6× YoY+91.4%	4.5× YoY+54.8%	2.9× YoY-25.0%	3.9× YoY-81.3%	20.7×
P/B	9.0× YoY+150.1%	3.6× YoY+98.6%	1.8× YoY-8.8%	2.0× YoY-71.5%	7.0×
P/FCF	45.9× YoY+35.8%	33.8×	—	—	—
	0.19%	—	—	—	—
	2.2% YoY-26.3%	3.0%	—	—	—
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: AFRM's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all AFRM filings on SEC EDGAR → Not investment advice.